@Moty, I think they have a hammer and chisel on your door!
Cable Update (GBPUSD)
- #697,842
- Oct 18, 2022 2:54pm Oct 18, 2022 2:54pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
Bounce of the 1.02 still showing a strong buyer
buying the drops is the way to go
for me I feel the same 2022 low is see. Already except if another Kamakazi
happen in uk
buying the drops is the way to go
for me I feel the same 2022 low is see. Already except if another Kamakazi
happen in uk
MY OPINION NOT FINANCIAL ADVISE
- #697,843
- Oct 18, 2022 2:59pm Oct 18, 2022 2:59pm
- Joined Aug 2022 | Status: Trader | 4,859 Posts
Bounce of the 1.02 still showing a strong buyer buying the drops is the way to go for me I feel the same 2022 low is see. Already except if another Kamakazi
The buyers appear to have momentum on their side this time.
The EU is rallying as well.
- #697,845
- Oct 18, 2022 3:09pm Oct 18, 2022 3:09pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #697,847
- Oct 18, 2022 3:50pm Oct 18, 2022 3:50pm
{quote} In reply to DamDori, Hola DamDori, disculpe por la respuesta tardía, ya que viajaba hacia el este el viernes por la noche, donde la moneda se vuelve más barata todos los días. (Hello DamDori, apologize for late reply, as I was travelling to the east late Friday where the currency is becoming cheaper everyday.).. almost 24 hours late...lol Managed to rescue some, but this is, like plan “B”, taking evasive actions to minimised losses. Getting out in bad situation with few broken bones, but still can walk….It is profound devising...
(Hey, Pat, it is pleasant reading you in my language)
Don't worry, I afraid that I must apologize for the same reason but the difference is
that I didn't do a travel, simply I didn't find the time to do it, except for now.
I hope you understand, Pat, because I really apreciate your response.
I really admire your sense of humble and now I see that you have a great sense of humor
but doing the math I don't see any broken bone, quite the opposite, you hegded the loses
and you gained some money, that is great and I am happy for you for the result.
I will be attend to that and if my experience let me I will participate; I like the thread title:
“ How to minimise losses on bad trades” but I substitute the word "bad" to the word "losing"
(I think that in trading world nothing is "good" or "bad" in the real meaning of that words,
simply it is a matter of probabilities).
Thanks for your suggestions they are very enlightening. I always have set a fixed amount for
losses because my account is small and I must protect at all costs and I never thought scaling in
and out in a losing position, always I thought that it should did for a wining postion.The point is,
now that you show me your way, it is posible and not only for the lossing trade, now I think for
the winning trades that on moment are in retracement (I trade for the long term), a kind of hedge.
Respect to the macro suggestions, I am not up to date with the details but I aware and can say
that the dollar -technically- ,step by step, is get weakness and that can favore the sterling.
A lot of thanks for the luxuries on details, I appreciate them a lot and I could learn a lot of them.
A Japanese proverb says that: "One conversation with a superior man is better than ten years of study"
Pat, as we say in Colombia: LA RE-BUENA, PARCERO!!!
Dam Dori
- #697,848
- Oct 18, 2022 5:54pm Oct 18, 2022 5:54pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #697,849
- Oct 18, 2022 6:05pm Oct 18, 2022 6:05pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
GU
Ideas. ?
Any comment welcome.
Thanks 
Ideas. ?
Any comment welcome.
Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #697,850
- Oct 18, 2022 7:23pm Oct 18, 2022 7:23pm
- Joined May 2022 | Status: I'm Done | 2,577 Posts
One would profit ~40 000 pips if one was buying Yen at the beginning of crisis of 07-08, if one was buying Yen against 7 other major currencies.
Damn..
Damn..
- #697,851
- Edited 8:33pm Oct 18, 2022 7:25pm | Edited 8:33pm
- Joined May 2022 | Status: I'm Done | 2,577 Posts
- #697,852
- Oct 18, 2022 9:24pm Oct 18, 2022 9:24pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #697,853
- Oct 18, 2022 9:42pm Oct 18, 2022 9:42pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #697,854
- Edited 10:25pm Oct 18, 2022 9:53pm | Edited 10:25pm
- Joined Nov 2021 | Status: I'm colorful and happy | 1,261 Posts
The trend is still downward. Today's news will have a good effect. Although until today, every news that came, whether for the pound or the dollar, helped the upward trend & did not show the tendency of the price to fall below 1.1000
I have a short-term trade (1-1.5 R/R) to the downside to see what happens. I will open another sell trade at 1.1400. SL : 1.14500- TP : 1.11825
I will trade the scalp(My main daily trade) after the news.
I have a short-term trade (1-1.5 R/R) to the downside to see what happens. I will open another sell trade at 1.1400. SL : 1.14500- TP : 1.11825
I will trade the scalp(My main daily trade) after the news.
There is nothing wrong with being kind & loving to each other
- #697,857
- Oct 18, 2022 10:11pm Oct 18, 2022 10:11pm
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
UK Inflation expected to come high
- #697,858
- Oct 18, 2022 10:38pm Oct 18, 2022 10:38pm
- Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts
WARNING: This post warps space and time in its vicinity.
!! Radha Radha !!